China house price gains no longer a certainty: central bank adviser

The measures should be enough to ensure house prices as a whole would be stable over the next 10 to 15 years, the official China Securities Journal quoted Sheng Songcheng, a People

SHANGHAI: A rising trend in property values in China is no longer a certainty as “unprecedented” state housing price controls come into effect, state media quoted a central bank adviser as saying.

China’s housing authorities have pledged to stabilise land and home prices in 2019 and ramp up the supply of rental housing to tackle home-affordability issues, state television reported in December.